Member Info for LuckyLuciano

SJ
I am not sure if people keep typing with the intention to affect CEY sp....
I personally am just interested on other people opinions.

Not really Repression
for start in China economic policies are more direct and effective, possibly because CCP has more authority to implement them. Then obviously there is no "middle man" in those country (middle man been the bankers, you know? The one that make the money in this country and the hide them in offshore accounts, often without paying any taxes).
So when in China they give billions to rescue an industry, they give this cash directly to the industry.
In the West they give the cash to banks, which is a business it self, by the time the cash reach the people in need there is often nothing left.

...... By the way I am talking about the Western capitalistic democracies. China, Russia, SA, and other countries where central banks can intervene directly to sustain busenes with cash and policies, will do much better....

St there never be a banking crises, if Gov. keeps bail them out and facilitate acquisitions from the big payers. But in 2008/9 they call it "credit crunch" and now is kind of happening the same. Is possible that current banking problems been managed by the financial mafia, will create many small shock waves, the market getting used to it and not panicking anymore.... But waith for GDP stagnating or even going negative... China the engine of the world is already signaling this, and if you adjust for inflation USA is already growing at zero... What happens when banks stop lending? Busenes will close in their thousand, and that will be impossible to be managed by central banks. Even a renewed QE won't do because the money will stop at the source.

Give it few days...end of the week possibly true value of this share.
Is impossible to price in all the value in just few hours.

I am starting to suspect this current banking crises is genetically engineered by the Fed and Co.
Rising rates when they shouldn't out of an inflation caused mainly because of the Ukrainian war and supply gluts after covid...not because booming economy and increased demand.
Hmmm, there are 1000 of small banks in USA ready to fail, some will be taken over by the US big banks making a great profit , like JPM did.
The changed the rules of a filing bank, doing without paying creditors. Writing off debit with ok from the US Gov agencies and getting a nice cash injection. Even in the banking world the big get bigger, once only few banks will hold the majority of retails account and deposit, they will introduce digital currency...

Also not many shares issued been only 56millions
when news will spread by tomorrow we could see a much higher opening above 30p.

Only on initial free cash injection of $16mil, plus the value if license assets this should be in the 40p range.
Total investment package been $50mil, if Velocette comes good share price will be to the moon.

Nitro182
imo most dangers for companies won't come from inflationary pressure. Indeed low debit aside, for companies by just passing input price inflation to the customers (often even higher than input prices) the business model would be sound.
But the ever change in trends, competitions and ever shrinking disposable income of people, is a clear and present danger for economies especially for aging populations Countries.

Hummm be careful not to be deceived. Yes there is huge amount of money floating around, we have got used to hear figures in the billions and trillions now......this is playing with out minds, but most of this money are in the hand of the few.
This is what out governments are doing, think about it! For them is better to be servant of few peoples with lots of cash, than many people (industries) with much less cash. All equates to more power, the omnipotent.
Yes sad state of affairs, when you think that most of these trillionaires people are spending billions to build space rockets to go to mars, talking about childhood dreams unrealised?!
When Amazon starts to cut staff, when nations GDP start to shrink, then it means that something is not quite right.
Governments have been playing with unemployment numbers for decades now, and possibly even with inflation numbers.
When a single broccoli at Tesco goes from 65p to £1 that is 50% inflation.
Indeed if even the made up unemployment numbers will start to look bad, that will be scary time...

https://www.youtube.com/watch?v=X42Q1wEl8QA&lc=Ugxx7U7fFIh1q2qnpDZ4AaABAg

Spot on MrBond46
People panic and withdraw money from FR, rumours spread and panic settled in...
This time thought the Fed had learned their lesson from 2008/9 crises and by twisting some definition of QE of bank failure, they have manager to kick the can down the road on more time.
Problem is if they keep interfering with market forces and rise rates, their financial problems are just getting bigger and next bank to fail may as well be JPM.
I am expecting/hoping after this week expected Fed rate rise, that POG will start to move higher. Some sort of sell the news on USD Index where, the reality of the miserable state of US economy is right now, starts to become clear.

...yes but in the end banks always kind of manage to stay afloat, otherwise the establishment would have to admit that a democratic capitalistic society is a bad idea.
Problems though will start when companies like for example Volkswagen, and many other car makers that are late to the EV trend, will need to borrow heavy and invest to catch up with the market...
How is going to lend them money, if banks have problems to stay afloat? And if so at what rate? A very high borrowing costs in a very high competitive market is a recipe for disaster in any sector...

I might be wrong but with JPM intervention on FR, it seem banks troubles are not going to make any particular change to POG... I like the wordings from the media been "JPM taking over" next they may even make it look like a hostile bid.....in the end it was another bank failure, transfered to USA debit account via JPM and with the masterfully orchestrated accounting practice of Fed Reserve, been the auditors... To shock the ponzy scheme system of USD hegemony, we need another black swan event, problem is with so much information outh there the financial mafia is able to organise it self and mitigate any "Lemhan Brothers" type of event. No dubt for gold it would help been included in a BRICS newly created currency, silly policies to rise rates without hedging on gold, when a country has a debit that will never be repaied.

jefff what I mean was that your fist post/video didn't explain clearly what Senator Malcom Roberts was on about.
Now that I understand where you come from mate I am sorry but imo you are too easily led into thinking that everyone is out there trying to get you, this is coming from paranoia, goggle it.
Although there are many valid conspiracy theories imo and especially in the financial world and economies, when it comes to health and covid, i very much doubt this is the case.
Virus have been around for thousand of years and from time to time have decimate populations. Lates episode of covid-19 was a pandemic that needed to be brought under control quickly. You may argue that it was done mainly for economical motivations that compassion for the masses, but never than less it worked to the benefit of many elderly people and non that thanks to the vaccines are still alive...
More over if you remember covid-19 was inexplicably killing also young and apparently healthy individuals, that could be an argument that goes against the few people that suffered a side effect to vaccines.
I suppose you can find a conspiracy theory in everting that happens around the world. I by nature am one very suspicious person and like to overanalyse things, including my self and my mind though...and that is possibly a good thing.
Finally when it comes to covid and the vaccines, the choice there was to take a vaccine to preserve somebody else life, conspiracy theory or not imo it was a good choice. Have followed very close all the clinical trials stages of many covid vaccines, most trials where followed with due diligence even if they where speeded up for emergency reasons.
But by all means if there was a Pharma the didn't follow the rules I agree it should be taken to account for it and pay the price.
But from you need to be careful to differentiate a criminal act of one big Pharma, from a worldwide international conspiracy theory plot trying to get you......

... troubled banks to be rescued by some other bigger banks.
If this is not going to happen and First Republic will fail imo it will renew fear and create some shockwave throughout the markets. Unfortunately is is going to be good for POG and gold miners, may not be good for other shares.

https://www.investing.com/news/stock-market-news/pnc-jpm-putting-in-final-bids-for-first-republic-in-fdic-auction-sources-3068547
A bit more detailed news on First Republic on Monday, for UK market will be Tuesday as tomorrow market in UK is close.
After the first shock news of bank troubles and consequent POG spike up, the FDIC has managed to calm the market with reassurance of insures deposits up to $250,000 and I think providing some liquidity. But the aim was always to allow for the trabled banks to be resqued by some

jefff
It would be useful to know on which context, the statement from Senator Malcom Roberts on Tweeter, is based on.

Interesting indeed goldgnome
They talk about corrective action to prevent what.......last time I checked if a bank makes wrong decision on its business model and investments, either is rescued by the tax payers or fail. This is how a capitalistic free market should work, and on the rescued by the tax payers I don't agree either. Any corrective action from authorities can only shrink the profit or delay the inevitable failure.
POG has received a big push from recent Banks troubles but imv there are some dark forces at play right now trying to mitigate the inevitable...
Last week I was expecting that, after US GDP number came out so low. the U$D index was going lower, in stead the opposite reaction happened and interestingly POG immediately lost $10/15.
There must be some US big banks if not the Fed directly, playing at some particular right moments of trading with futures, to make sure USA keeps its hegemony and dictatorship on the rest of the world.
They call them "the illuminate" I call them financial mafia.
Looking at POG price action imo it is clearly showing a battle between shorter and fundamental support, coming from physical buying.
Although recently POG technical analyses gave a RSI divergence signal, its level is now coming down close to oversold, which should at least signal some strong support at these prices.
Sure if not macroeconomics, a shock from banking sector can put POG to a higher level, many tips of iceberg out there, even the huge debits of car manufacturers or housing developers eventually will connect to banks...

I mean 1.1% in stead of forecasted 2% from 2.6% previously.......
Interesting market reaction.